NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Ann: MoU with Leading Healthcare Distributor, page-2

  1. 569 Posts.
    lightbulb Created with Sketch. 144
    Well they said Oceans "Group" was a leading something something which clearly it isn't, so I'd take this assessment of 'leading' with a grain of salt...

    Same with this assessment
    "Follows NZS’ recent success in commercialising a high quality marine collagen powder for the world’s rapidly growing nutraceuticals market"
    I mean, successful in what way?

    "Production target outlined in the MoU has been set at 1,400kg for the first 12 months"
    Don't get ahead of yourselves lads. If you haven't developed it yet the production target is mere lip service

    Anyway, good luck to them. So far they've turned a thriving small business into a money abyss.

    And last week they gave away 50% of the company for a pittance.

    This week they've signed an agreement with a distributor? What to deliver a very small truckload of something, sometime in the future

    https://hotcopper.com.au/data/attachments/4745/4745907-b9cae0f5649b92e268a28239cf0ed8c9.jpg


    Here's some collagen extraction techniques they might like to read up on. Give them a starting point... Save them some time and money...
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7601392/


 
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